You’ve probably heard the news that Facebook has been down for most of the day. Instagram, too. For those people who operate businesses exclusively on those social media websites, today was a very bad day. While Facebook appears to be slowly returning online, one LinkedIn post caught my eye.

I think Avishai Abrahami, CEO & Co-Founder at Wix.com, said it best – “Today is a good day to have a website.”

Relying on another company’s platform to operate a business is risky. On a rare occasion when the website is inaccessible, the business doesn’t make money. If someone reports the business and it gets suspended, the business doesn’t make money.

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It seems like Facebook and Instagram will be back online soon, but I can’t imagine how much business was lost. People who run their entire business on a third party platform are in big trouble if that platform has issues.

Operating an independent website on a self-controlled domain name is wise. Today was definitely a good day to have a website.

About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.

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Original article: “Today is a good day to have a website.”

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